We are proud to be among those companies that made it to the CDP Climate Change Leadership level (A-), being awarded with above average scores for our climate change reporting and climate protection efforts.

CDP 's annual environmental disclosure and scoring process is widely recognized as the gold standard of corporate environmental transparency. In 2020, 515 investors with US$106 trillion in assets, and 150+ large purchasers with US$4 trillion in buying power requested thousands of companies to disclose through CDP. Over 9,600 companies with over 50% of global market capitalization disclosed environmental data through CDP in 2020. This is in addition to the hundreds of cities, states and regions who disclosed, making CDP's platform one of the richest sources of information globally on how companies and governments are driving environmental change.

A detailed and independent methodology is used by CDP to assess these companies, allocating a score of A to D- based on the comprehensiveness of disclosure, awareness and management of environmental risks and demonstration of best practices associated with environmental leadership, such as setting ambitious and meaningful targets.

Our above average scores show our dedication to climate action and transparency. Our mission is to rethink packaging every day to make a positive, sustainable and meaningful contribution to our customers and the environment.

More information on our holistic sustainability approach: https://www.cflex.com/sustainability

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Wendel SE published this content on 19 January 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 January 2021 10:55:01 UTC